A recent PitchBook study that surveyed founders from top accelerators found that they are generally interested in just three things: Learning how to operate a startup Networking with potential customers Getting warm intros to VCs But now that so many venture capital firms provide these services — along with marketing boot camps, personal...
At the height of the funding boom in 2021, no single sector enjoyed as much VC money as fintech startups did. But in 2023, it appears that fintech companies have to work harder to get funding. Global funding in the space hit a six-year low in the second quarter, according...
After falling sharply last year, retirement account balances are bouncing back in 2023 — but there are still signs of trouble.Helped in part by improved market conditions, retirement account balances increased in the first half of the year. However, the share of participants who tapped hardship withdrawals rose, according...
Simon Potter | Getty ImagesWhen it comes to stocks, investors face a big question: How much exposure is enough?For investors already in retirement, how well they answer that question may have big consequences for how well they reach their goals."About 37% of boomers have more equity than we would...
Uruguayan fintech company dLocal saw its stock surge by over 30% on Wednesday on the news that the payments outfit had tapped former Mercado Libre CFO Pedro Arnt as its new co-CEO. Shares closed up nearly 32% at $20.45, after climbing as high as $24.22 earlier in the day, giving...
As the buy now, pay later (BNPL) market continues on its slow decline, one of the major players, Splitit, is embarking on an effort to reorganize and pivot. Splitit today announced that it has a $60 million “capital commitment” from strategic investors including Thorney Investment Group, Parea Capital and Motive...
dowell | Moment | Getty ImagesIf you're sitting on profitable assets, there's a lesser-known tax-gain harvesting strategy, which can help rebalance your portfolio or trim future taxes.While tax-loss harvesting can be popular during a stock market downturn, tax-gain harvesting — or strategically selling appreciated brokerage account assets — can...
Peak XV Partners is in advanced stages of deliberations to lead or fully finance a funding round in Neo Group, an asset management and financial advisory firm, three sources familiar with the matter said. The firm is finalizing an investment of as much as $50 million in Neo Group, which...
Scientific Financial Systems’ flagship product Quotient™ provides an advanced analytical engine that simplifies data manipulation, factor building, backtesting, portfolio construction, and much more. Under the covers, SFS’s Quble technology powers Quotient’s financial algorithmsQuble is a revolutionary Python-based engine meticulously designed for quantitative finance analysis. Quble’s prowess is partially achieved...
Exchange rate volatility has long been a major headache for cross-border businesses. Historically, companies have sought protection by purchasing foreign exchange (FX) insurance or options, but most of these financial products operate like giant “black boxes”, Finofo‘s co-founder and CFO Charles Maranda told TechCrunch in an interview. Maranda’s company aims...